Anand Rathi Wealth Limited announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, alongside significant board appointments and corporate developments. The board meeting held on January 12, 2026, approved multiple strategic decisions that strengthen the company's governance structure and operational framework.

Financial Performance Q3FY26

The company delivered robust financial performance during the third quarter of FY26. On a consolidated basis, revenue from operations reached ₹28,962.39 lakhs, while total income including other income stood at ₹30,573.05 lakhs. The company achieved a net profit of ₹10,018.67 lakhs for the quarter.

For the nine months ended December 31, 2025, consolidated revenue from operations totaled ₹86,100.68 lakhs with net profit of ₹29,399.28 lakhs, demonstrating consistent growth momentum.

Board Appointments and Leadership Changes

The board approved the appointment of three distinguished professionals as Additional Directors in the category of Non-Executive Independent Directors, each for a five-year term from January 12, 2026, to January 11, 2031, subject to shareholder approval.

New Independent Directors

Mr. Adesh Kumar Gupta brings extensive corporate strategy and M&A experience from his tenure at Aditya Birla Group, where he served in various senior positions including as Whole-Time Director and CFO of Grasim Industries Limited. He currently serves on multiple boards as an Independent Director.

Mr. Debasish Panda, an IAS officer of the 1987 batch, currently serves as Chairman of the Insurance Regulatory and Development Authority of India (IRDAI). He previously served as Secretary, Department of Financial Services, Ministry of Finance, Government of India.

Ms. Deena Asit Mehta is a pioneering figure in Indian capital markets, being the first woman to enter the trading ring at BSE. She has served as Vice-President and President of BSE and has over 150 Board years of experience across various Indian companies and educational institutions.

CEO Reappointment and Corporate Developments

The board approved the reappointment of Mr. Rakesh Rawal as Whole-time Director and CEO for a three-year term from April 1, 2026, to March 31, 2029, subject to shareholder approval. Mr. Rawal, a B.Tech from IIT Kanpur and MBA from JBIMS, has been instrumental in establishing the Private Wealth Management business of the Anand Rathi Group since joining in 2007.

Employee Stock Option Plan

The Nomination and Remuneration Committee granted 12,45,309 Employee Stock Options to eligible employees under the "ARWL-ESOP 2025" scheme. The options are exercisable at ₹5.00 per share with a vesting schedule spread over four years.

Operational Changes

The company shifted its registered office from Goregaon (East) to Lower Parel, Mumbai, effective January 12, 2026. The new address is Floor No. 2, Block B & C, E wing, Trade Link, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013.

The board also approved a postal ballot notice and calendar of events for obtaining shareholder approvals for the aforementioned appointments and reappointments. These strategic appointments and strong financial performance position Anand Rathi Wealth Limited for continued growth in the wealth management sector.

Anand Rathi Wealth Ltd delivered strong financial performance in the third quarter, reporting significant growth across key metrics. The Mumbai-based financial services company demonstrated robust operational efficiency while expanding its digital wealth management capabilities and client base.

Strong Q3 Financial Performance

The company's quarterly results showcased impressive growth momentum across all major financial parameters:

The company maintained its strong profitability profile with an EBITDA margin of 45.5%, slightly improving from 45.3% in the corresponding quarter of the previous year. The consistent margin performance reflects effective cost management and operational efficiency.

Nine-Month Period Performance

For the nine-month period ended December 2025, Anand Rathi Wealth reported consolidated profit after tax of ₹294.00 crore, marking a 29% year-on-year increase. Total revenue for the period rose 21% to ₹897.00 crore, demonstrating sustained business momentum.

Business Segment Growth

Mutual fund distribution revenue grew 21% year-on-year to ₹366.00 crore, supported by robust net inflows of ₹10,078 crore, representing a 10% increase from the previous year. Equity mutual fund net inflows increased 4% year-on-year to ₹6,082 crore, reflecting strong investor confidence.

The private wealth segment showed healthy expansion with active client families increasing 16% year-on-year to 13,262. The number of relationship managers also grew from 383 to 393, supporting the expanding client base.

Digital Wealth Expansion

Digital wealth management emerged as a key growth driver, with assets under management growing 29% year-on-year to ₹2,359 crore. The Omni Financial Advisor's subscriber base increased to 6,850 from 6,273 in the previous year, reflecting strong adoption of the company's digital wealth offerings.

Assets Under Management and Client Metrics

Total assets under management stood at ₹99,008 crore, registering 30% year-on-year growth, supported by steady net inflows and strong client engagement. The company onboarded 1,800+ clients during the year, bringing its total client base to 13,262 families. Client retention remained strong with attrition measured by AUM lost at just 0.31% for the first nine months of FY26.

Leadership Commentary and Outlook

Rakesh Rawal, CEO, and Feroze Azeez, Joint CEO, expressed confidence in the company's growth trajectory, stating they are confident of delivering long-term growth of 20-25%, driven by the uncomplicated and scalable nature of their business model. The leadership team also announced the opening of a new office in Mangalore in memory of Chethan Shenoy, described as their best friend and family member.